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HomeMy WebLinkAbout7047 - Lease of City-Owned Property/ i.:'\ RESOLUTION N0. 7 0 4 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH EXPRESSING THE INTENT OF THE CITY COUNCIL TO LEASE CITY -OWNED PROPERTY LOCATED AT THE SOUTHEAST CORNER OF BROOKHURST AND ADAMS IN HUNTINGTON BEACH, AND SETTING A PUBLIC HEARING TO CONSIDER PROPOSALS FOR LEASING SAID PROPERTY . WHEREAS, the City of Newport Beach is the owner in fee of that certain parcel of real property located at the southeast corner of Adams and Brookhurst Streets in the City of Huntington Beach, containing approximately 1.93 acres; and WHEREAS, the above described property is presently unimproved and yields only a nominal amount of revenue for the City of Newport Beach; and WHEREAS, the City Council has determined that said property constitutes surplus property to the City of Newport Beach; NOW, THEREFORE, BE IT RESOLVED that the City Council hereby declares its intention to offer the above described property for lease for a term of twenty -five years; BE IT FURTHER RESOLVED that a public hearing will be held in the Council Chambers, 3300 Newport Boulevard, Newport Beach, California, on Monday, September 22, 1969, at 7 :30 p.m., therein to consider all offers to lease and to award a lease upon terms and conditions satisfactory to the City. ADOPTED this 28th day of July, 1969. Mayor 6110 � w ATEa�. GFOmt x+orP�. � ....... TLW:mh 7/25/6 9 7v '. c r & .° /17 4